Today, we're taking a closer look at risk-management, specifically the relationship between risk and reward...
As an avid rock climber, I've been been forced to learn how to find balance between the risk I put myself in, and the reward I receive from a challenging climb...
I say forced, because both the rock-face and gravity are ruthless teachers, and taking unnecessary risks in this sport can lead to serious injury, or worse.
It's a similar story in betting....
While risky bets aren't harmful physically, they can certainly take a hefty toll on your wallet. So one of the main questions facing all horse racing investors is...
How can you maximise the reward, while minimising the risk?
Hope you're keeping safe and well.
Kind regards, Michael and the Lucrative Racing team |
